The snus market in Canada is expected to reach a projected revenue of US$ 29.5 million by 2030. A compound annual growth rate of 19.3% is expected of Canada snus market from 2024 to 2030.
The Canada snus market generated a revenue of USD 8.6 million in 2023 and is expected to reach USD 29.5 million by 2030.
The Canada market is expected to grow at a CAGR of 19.3% from 2024 to 2030.
In terms of segment, portion was the largest revenue generating product in 2023.
Portion is the most lucrative product segment registering the fastest growth during the forecast period.
Snus market data book summary
Market revenue in 2023
USD 8.6 million
Market revenue in 2030
USD 29.5 million
Growth rate
19.3% (CAGR from 2023 to 2030)
Largest segment
Portion
Fastest growing segment
Portion
Historical data
2018 - 2022
Base year
2023
Forecast period
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Loose, Portion
Key market players worldwide
Altria Group Inc, Swedish Match, British American Tobacco, GN Tobacco, snuscentral, Skruf Snus
Other key industry trends
In terms of revenue, Canada accounted for 0.3% of the global snus market in 2023.
Country-wise, Sweden is expected to lead the global market in terms of revenue in 2030.
In North America, U.S. snus market is projected to lead the regional market in terms of revenue in 2030.
Mexico is the fastest growing regional market in North America and is projected to reach USD 9.9 million by 2030.
According to Swedish Tobacco Trademark, snus has gained popularity in Canada due to its discreet and smoke-free nature, offering a rewarding nicotine experience. Various formats and nicotine concentrations are available, meeting Canadian regulations by being free from menthol and clove.
Although Canadian regulations allow the purchase and use of snus, there are restrictions on taxes and certain flavors, such as menthol and clove. The taxation landscape for oral tobacco products across Canadian provinces and territories exhibits a significant variation in tax rates.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Snus Market Outlook will help companies and investors design strategic landscapes.
Portion was the largest segment with a revenue share of 83.72% in 2023.
Horizon Databook has segmented the Canada snus market based on loose, portion covering the revenue growth of each sub-segment from 2018 to 2030.
According to Swedish Tobacco Trademark, snus has gained popularity in Canada due to its discreet and smoke-free nature, offering a rewarding nicotine experience. Various formats and nicotine concentrations are available, meeting Canadian regulations by being free from menthol and clove.
Although Canadian regulations allow the purchase and use of snus, there are restrictions on taxes and certain flavors, such as menthol and clove. The taxation landscape for oral tobacco products across Canadian provinces and territories exhibits a significant variation in tax rates.
Canada Snus Market Product Outlook (Revenue, USD Million , 2018-2030)
Loose
Portion
Canada Snus Market Flavor Outlook (Revenue, USD Million , 2018-2030)
Original/Unflavored
Flavored
Canada Snus Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
Tobacco Stores
Convenience Stores
Online
Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Snus Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Snus Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.